This paper analyzes a set of infrastructure programs (Sewer, Housing, Transports, Communications and Energy) in the Northeast region of Brazil, announced by the federal government in the scope of the PAC (Plano de Aceleração do Crescimento). We use an interregional computable general...

The Brazilian federal government has recently set out plans encompassing detailed public expenditure programs and targets on infra-structure investment (PAC, Programa de Aceleração do Crescimento). We investigate the sectoral, regional and national economic consequences of the PAC in Minas...

The aim of this paper is to analyze the spatial distribution of innovation, measured as per capita patents, in geographical microregions of Brazil. This purpose is achieved by using exploratory spatial data analysis. This paper is pioneer in adopting this set of statistical tools when we look at...

The main aim of this paper is to analyze the locational factors of urbanization in State of São Paulo (Brazil) between 2000 and 2005. Using a micro-regional database, we apply a set of techniques: a) the method shift-share (Esteban-Marquillas), b) Principal Component Analysis (PCA) and Cluste...

A consensus has not yet emerged about the relationship between the budget deficit, external deficit and national saving. In general, the mechanisms through which a budget deficit could cause a current account deficit are not highlighted in the works about this theme. Basing on the Post Keynesian...

The Financial Crisis has hit particularly hard countries like Ireland or Spain. Procyclical fiscal policy has contributed to a boom-bust cycle that undermined fiscal positions and deepened current account deficits during the boom. We set up an RBC model of a small open economy, following Mendoza...